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American Airlines | 4: Statement of changes in beneficial ownership of securities-Officer Isom Robert D Jr

SEC ·  Dec 31, 2024 05:11

Summary by Futu AI

On December 27, 2024, Robert D. Isom Jr., CEO and President of American Airlines, sold 102,441 shares of common stock in an open market transaction. The shares were disposed of at an average price of $17.2149 per share, resulting in a total transaction value of approximately $1.76 million.Following this transaction, Isom's direct ownership in American Airlines stands at 2,967,984 shares. The sale represents a reduction in his holdings but still leaves him with a significant stake in the company. This transaction has been reported as completed, indicating that all regulatory requirements have been met.While the reasons for the sale were not disclosed in the filing, such transactions by company executives are often closely monitored by investors as they may provide insights into insider perspectives on the company's future prospects.
On December 27, 2024, Robert D. Isom Jr., CEO and President of American Airlines, sold 102,441 shares of common stock in an open market transaction. The shares were disposed of at an average price of $17.2149 per share, resulting in a total transaction value of approximately $1.76 million.Following this transaction, Isom's direct ownership in American Airlines stands at 2,967,984 shares. The sale represents a reduction in his holdings but still leaves him with a significant stake in the company. This transaction has been reported as completed, indicating that all regulatory requirements have been met.While the reasons for the sale were not disclosed in the filing, such transactions by company executives are often closely monitored by investors as they may provide insights into insider perspectives on the company's future prospects.

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